Connect with us

Technology

Scaling Autonomous Freight: Inside Pony.ai’s Robotruck Business

Published

on

From Gen-4 heavy-duty trucks to L4 urban delivery vehicles, shared technology, automotive-grade production and industry partnerships are shaping the next phase of Pony.ai’s autonomous freight business

GUANGZHOU, CHINA, Aug. 6, 2026 /PRNewswire/ — At a media briefing on August 3, He Xing, Vice President of Pony.ai and Head of the company’s Robotruck business, discussed how nearly a decade of technology development in L4 autonomous driving is beginning to support broader commercial deployment in freight transportation.

Over the next two to three years, Pony.ai expects 500 to 1,000 Gen-4 autonomous heavy-duty trucks to be deployed across three primary scenarios in China: long-haul freight, bulk commodity transportation and port logistics. Pony.ai also expects light-duty trucks to scale faster, with a longer-term goal of reaching 100,000 L4 autonomous light-duty trucks by 2030.

The targets reflect several developments coming together: a more mature autonomous driving system, lower hardware costs, automotive-grade redundant vehicle platforms and deeper collaboration with vehicle manufacturers and logistics operators.

Why freight, and why now

Pony.ai began developing autonomous trucks in 2018. The first vehicles were largely hand-built prototypes. Subsequent generations moved progressively closer to automotive-grade production through partnerships with truck manufacturers. The question gradually shifted from whether the technology could work to where and under what conditions, it could create the most operational value.

Road freight presents a clear need. The industry faces persistent structural pressures, including a shortage of qualified heavy-duty truck drivers, an aging workforce and sharp fluctuations in demand during peak seasons. Long hours, overnight driving and demanding routes can also increase fatigue-related safety risks. L4 autonomy can help supplement freight capacity, particularly on repetitive routes and during overnight or peak-demand periods that are difficult to staff, while supporting safer, more consistent operations.

Turning that potential into scaled operations, however, requires more than technical capability. Autonomous driving systems must also be safe, reliable, ready for automotive-grade production and commercially viable at scale. For Pony.ai, the timing of large-scale deployment has therefore also depended on bringing down the cost of the autonomous driving system.

“We had been waiting for the right moment,” He said. “Our truck technology had already reached a high level, but the cost of building an L4 Robotruck remained high. The reduction in ADK costs benefited both heavy- and light-duty trucks. That is why we did not rush into large-scale production earlier.”

Pony.ai’s Gen-4 autonomous heavy-duty truck has reduced autonomous driving hardware costs by approximately 70% compared with the previous generation. Developed for automotive-grade mass production, the vehicle is designed for a service life of 20,000 operating hours or up to 1 million kilometers.

The Robotruck business has already moved beyond technology testing. As of November 2025, Pony.ai operated a fleet of around 200 trucks and had transported more than 1 billion ton-kilometers of freight. In the first quarter of 2026, Robotruck services generated US$10.2 million in revenue, up 31% from a year earlier, driven primarily by the expansion of commercial operations.

Two vehicle platforms across the freight network

Pony.ai’s current Robotruck strategy covers both heavy-duty trucks and light-duty trucks, reflecting the different roles they play across the freight network.

Heavy-duty trucks are designed primarily for transportation between logistics hubs, including long-haul highway freight, bulk commodity routes and port transportation. Pony.ai’s Gen-4 models are based on battery-electric platforms and support both single-vehicle autonomous operation and L4 platooning, depending on the requirements of each operating environment.

Production of the Gen-4 heavy-duty trucks is now underway. Vehicles are expected to roll off the production line in batches and enter commercial service across several use cases over the coming months.

Shenzhen’s Mawan Port will be among the first deployment sites. Pony.ai has secured a project there and expects to deploy dozens of Gen-4 Robotrucks for commercial operations. Ports represent one of the three priority scenarios for the platform, alongside highway freight and bulk commodity transportation in western China.

Light-duty trucks address a different part of the logistics chain. They are commonly used between urban distribution centers, retail stores, delivery outlets and cold-chain facilities—environments that overlap substantially with the complex urban road conditions in which Pony.ai’s Robotaxis already operate.

Pony.ai introduced its first L4 autonomous light-duty truck in April 2026. Co-developed with CATL and built on CATL’s Kunshi Chassis Platform, the vehicle uses automotive-grade components and a fully redundant safety architecture. It offers approximately 18 cubic meters of cargo space and is intended for both urban and intercity freight.

The first vehicles have now entered intensive road testing in operating environments provided by logistics partners. Initial use cases include express delivery, retail distribution and food and beverage cold-chain logistics. Pony.ai plans to pursue the regulatory approvals required for fully driverless operation as testing and validation progress.

Based on current operating assumptions, Pony.ai estimates that fully driverless light-duty trucks could reduce per-kilometer operating costs by 40% to 50% compared with conventional human-driven operations. The vehicle can also carry 2.6 times the cargo volume of mainstream low-speed autonomous delivery vehicles, while operating at speeds suitable for regular urban and intercity roads.

One Virtual Driver across vehicle types

Pony.ai’s approach is built around applying the same underlying Virtual Driver technology across Robotaxis, heavy-duty trucks and light-duty trucks.

The light-duty truck uses the same core technology stack as Pony.ai’s Gen-7 Robotaxi. Because the two platforms operate in many of the same urban environments, they can also share supporting infrastructure and operating capabilities, including charging, ground support, service centers, fleet management and remote assistance. Pony.ai estimates that the overall technological and operational synergies between the two platforms exceed 90%.

Heavy-duty trucks require more vehicle-specific adaptation. Their size, weight, mechanical structure and longer braking distances create different control requirements, while highway and bulk commodity routes introduce operating conditions not commonly encountered by passenger vehicles. Even so, the core capabilities used to understand traffic, interact with other road users and make driving decisions draw on the same underlying technology and development methodology.

Data and operating experience from the different vehicle platforms also contribute to a shared development loop. PonyWorld 2.0, Pony.ai’s proprietary world model, is designed to identify areas where the Virtual Driver requires further improvement, guide targeted data collection and support more efficient training and evaluation.

“Autonomous driving has to progress step by step—from technology driving product development, to the product enabling a business model, and ultimately to that model reshaping the industry,” He said.

The shared safety architecture is equally important. Pony.ai’s current Robotaxi, heavy-duty truck and light-duty truck platforms use redundant systems covering steering, braking, communication, power supply, computing and sensing. This fail-operational design allows a vehicle to maintain core driving functions and select an appropriate location to pull over safely if certain hardware or software components fail.

A partner-led route to scale

Scaling autonomous freight requires more than producing vehicles. It also requires access to freight demand, established operating networks, maintenance capabilities and infrastructure such as logistics hubs and charging facilities.

Pony.ai has therefore built its Robotruck business around partnerships with vehicle manufacturers and logistics operators. Its Gen-4 heavy-duty trucks were developed in collaboration with manufacturers including SANY Truck, while the light-duty truck was co-developed with CATL. Pony.ai also works with Sinotrans across long-haul freight and urban logistics scenarios.

The commercial model can vary depending on the maturity and requirements of a project. In some earlier-stage deployments, Pony.ai participates more directly in vehicle ownership and freight operations through a Transportation-as-a-Service, or TaaS, model. This allows the company and its partners to validate operating performance and unit economics in real commercial environments.

As the market matures, Pony.ai expects partner-led deployment under an Autonomous Driving-as-a-Service, or ADaaS, model to play a larger role. Under this model, vehicle manufacturers produce the trucks, logistics partners own and operate the fleets, and Pony.ai provides its Virtual Driver and related technical services. Some port projects are already beginning to adopt this approach.

“We are not here to run e-commerce or postal services ourselves,” He said. “Our role is to become a partner to logistics companies and integrate into the systems they already use to serve their customers.”

This structure allows each participant to focus on its established strengths: vehicle manufacturers on automotive-grade production and sales, logistics companies on freight demand and fleet operations, and Pony.ai on autonomous driving technology.

The next phase

The next phase of Pony.ai’s Robotruck business will focus on ramping up production of the Gen-4 heavy-duty truck and deploying it in commercial projects, while completing the testing and regulatory work required to deploy the light-duty truck at scale.

In heavy-duty trucking, Pony.ai will initially focus on highway freight corridors, bulk commodity routes and ports. The company is also exploring an innovative model for highway transportation, which could simplify trailer handoffs between autonomous highway operations and human-driven first- and last-mile delivery.

For light-duty trucks, the immediate focus is to work with logistics partners to validate operations in express delivery, retail distribution and cold-chain transportation. The ability to operate overnight when drivers are more difficult to recruit and fatigue-related safety risks are higher could become an early commercial use case.

Pony.ai also sees potential for autonomous trucks in overseas markets, particularly at ports and other well-defined logistics sites where driver shortages and labor costs strengthen the economics of automation.

For Pony.ai, the objective is not simply to place more autonomous trucks on the road. It is to build a repeatable operating model in which technology, vehicles, infrastructure and freight demand can scale together.

View original content:https://www.prnewswire.com/news-releases/scaling-autonomous-freight-inside-ponyais-robotruck-business-302844854.html

SOURCE Pony AI Inc.

Continue Reading

Technology

Prospa research: Two in three Aussie SMEs want rewards on their bills, yet only 8% are cashing in on supplier payments

Published

on

By

New Prospa and YouGov research finds SMEs would put an average of nearly $9,400 a month through a rewards-enabled payment platform, while only 8% currently route B2B payments through platforms offering rewards

SYDNEY, Nov. 16, 2026 /PRNewswire/ — Australian small and medium businesses could be missing out on rewards from thousands of dollars in necessary business spending each month, as rising operating costs continue to put pressure on margins.

New research from Australian fintech Prospa and YouGov found 84% of Australian SMEs have experienced rising operational costs, while 80% say unavoidable expenses have squeezed their margins over the past 12 months.

With businesses already paying suppliers, bills and other operating costs, the findings suggest SMEs are increasingly looking for ways to get more value from spending they cannot avoid.

Two in three Australian SMEs would use a rewards-enabled payment platform if given the option, yet only 8% currently use one for B2B payments. SMEs said they would put an average of $9,398 a month through a platform that offered rewards.

Beau Bertoli, Co-Founder and Chief Revenue Officer at Prospa, said: “Every business has regular expenses that need to be paid, regardless of the economic environment. This research shows there is an opportunity for business owners to get more value from those everyday payments, rather than viewing them as simply a cost of doing business.

“Australian SMEs are looking for more value from the unavoidable costs of running a business. Two in three would put overheads through a rewards-enabled payment platform if given the option, yet only 8% currently route B2B payments through one. That gap shows rewards-enabled business payments remain a largely untapped opportunity.”

Most SMEs are not earning rewards on B2B payments

The research found Australian SMEs currently use several methods to earn value from business spending:

23% use a business card that earns points, cashback or rewards.14% negotiate rebates or loyalty benefits directly with suppliers.8% use a B2B payment platform that offers rewards.A further 20% are actively looking for ways to get value or rewards from money they already spend.

“The results show that rewards are already part of how some SMEs approach business spending, although the methods used differ,” Bertoli said.

“For some businesses, this means using rewards cards to get more value from everyday spending. Others are negotiating rebates with suppliers or routing B2B payments through platforms offering rewards. The opportunity is to give more SMEs practical ways to get greater value from spending that is already part of running their business.”

SMEs would put thousands through rewards-enabled business payments

The amount Australian SMEs would put through a rewards-enabled payment platform varied by business size and structure:

Across all SMEs surveyed, the average was $9,398 a month.Non-sole traders would put through an average of $14,682 a month.Sole traders would put through an average of $6,214 a month.One in five SMEs would put at least $10,000 of monthly business spending through one.

Non-sole traders were also more likely to actively look for value or rewards from money they already spend, at 27%, compared with 16% of sole traders.

“The level of interest naturally depends on the size and structure of each business, as every business faces its own unique expenses and payment volumes. That’s why it’s important to recognise that solutions need to be flexible to meet these diverse needs,” Bertoli said.

“We launched Prospa Rewards because small businesses told us they want their everyday spending to work harder. Business owners already have suppliers, bills and other operating costs to pay. This is about helping them get something back from the spending that is part of their business.”

About Prospa Rewards

The findings come following the launch of Prospa Rewards, a business rewards platform designed to help eligible Australian small businesses earn value from eligible business payments and transactions they already make.

Eligible customers can earn one Prospa Point for every $1 paid on eligible transactions. Prospa Points can be redeemed for selected business essentials and gift cards, or converted to Qantas Frequent Flyer Points.

Eligibility criteria, transaction requirements and redemption terms apply.

 

About Prospa

Prospa is a leading fintech committed to unleashing the potential of every small business in Australia and New Zealand. We do this by developing fast, flexible, stress-free lending solutions and financial management tools that help businesses thrive.

At Prospa, we’re deeply committed to making a meaningful impact on the small business community and on our people. Since 2012, Prospa has helped over 45,000 small businesses access over $5 billion in business funding, working with over 20,000 partners, including brokers, accountants, and aggregator partners, to help unlock business funding for their small business clients.

In addition to our commitment to supporting SMEs, Prospa has also been recognised for its workplace practices, culture, and values, culminating in our certification as a Great Place to Work in Australia, a Great Place to Work in Technology, and, in 2025, a Great Place to Work for Women.

For more information about Prospa, visit prospa.com

Methodology

All figures, unless otherwise stated, are from YouGov. Total sample size was 500 adults. Fieldwork was undertaken between 30th July – 13th August 2026. The survey was carried out online. The figures have been weighted and are representative of all Australian business owners and primary decision makers of businesses with fewer than 50 employees (aged 18+).

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/prospa-research-two-in-three-aussie-smes-want-rewards-on-their-bills-yet-only-8-are-cashing-in-on-supplier-payments-302937153.html

SOURCE Prospa

Continue Reading

Technology

Prospa research: Two in three Aussie SMEs want rewards on their bills, yet only 8% are cashing in on supplier payments

Published

on

By

New Prospa and YouGov research finds SMEs would put an average of nearly $9,400 a month through a rewards-enabled payment platform, while only 8% currently route B2B payments through platforms offering rewards

SYDNEY, Nov. 16, 2026 /PRNewswire/ — Australian small and medium businesses could be missing out on rewards from thousands of dollars in necessary business spending each month, as rising operating costs continue to put pressure on margins.

New research from Australian fintech Prospa and YouGov found 84% of Australian SMEs have experienced rising operational costs, while 80% say unavoidable expenses have squeezed their margins over the past 12 months.

With businesses already paying suppliers, bills and other operating costs, the findings suggest SMEs are increasingly looking for ways to get more value from spending they cannot avoid.

Two in three Australian SMEs would use a rewards-enabled payment platform if given the option, yet only 8% currently use one for B2B payments. SMEs said they would put an average of $9,398 a month through a platform that offered rewards.

Beau Bertoli, Co-Founder and Chief Revenue Officer at Prospa, said: “Every business has regular expenses that need to be paid, regardless of the economic environment. This research shows there is an opportunity for business owners to get more value from those everyday payments, rather than viewing them as simply a cost of doing business.

“Australian SMEs are looking for more value from the unavoidable costs of running a business. Two in three would put overheads through a rewards-enabled payment platform if given the option, yet only 8% currently route B2B payments through one. That gap shows rewards-enabled business payments remain a largely untapped opportunity.”

Most SMEs are not earning rewards on B2B payments

The research found Australian SMEs currently use several methods to earn value from business spending:

23% use a business card that earns points, cashback or rewards.14% negotiate rebates or loyalty benefits directly with suppliers.8% use a B2B payment platform that offers rewards.A further 20% are actively looking for ways to get value or rewards from money they already spend.

“The results show that rewards are already part of how some SMEs approach business spending, although the methods used differ,” Bertoli said.

“For some businesses, this means using rewards cards to get more value from everyday spending. Others are negotiating rebates with suppliers or routing B2B payments through platforms offering rewards. The opportunity is to give more SMEs practical ways to get greater value from spending that is already part of running their business.”

SMEs would put thousands through rewards-enabled business payments

The amount Australian SMEs would put through a rewards-enabled payment platform varied by business size and structure:

Across all SMEs surveyed, the average was $9,398 a month.Non-sole traders would put through an average of $14,682 a month.Sole traders would put through an average of $6,214 a month.One in five SMEs would put at least $10,000 of monthly business spending through one.

Non-sole traders were also more likely to actively look for value or rewards from money they already spend, at 27%, compared with 16% of sole traders.

“The level of interest naturally depends on the size and structure of each business, as every business faces its own unique expenses and payment volumes. That’s why it’s important to recognise that solutions need to be flexible to meet these diverse needs,” Bertoli said.

“We launched Prospa Rewards because small businesses told us they want their everyday spending to work harder. Business owners already have suppliers, bills and other operating costs to pay. This is about helping them get something back from the spending that is part of their business.”

About Prospa Rewards

The findings come following the launch of Prospa Rewards, a business rewards platform designed to help eligible Australian small businesses earn value from eligible business payments and transactions they already make.

Eligible customers can earn one Prospa Point for every $1 paid on eligible transactions. Prospa Points can be redeemed for selected business essentials and gift cards, or converted to Qantas Frequent Flyer Points.

Eligibility criteria, transaction requirements and redemption terms apply.

 

About Prospa

Prospa is a leading fintech committed to unleashing the potential of every small business in Australia and New Zealand. We do this by developing fast, flexible, stress-free lending solutions and financial management tools that help businesses thrive.

At Prospa, we’re deeply committed to making a meaningful impact on the small business community and on our people. Since 2012, Prospa has helped over 45,000 small businesses access over $5 billion in business funding, working with over 20,000 partners, including brokers, accountants, and aggregator partners, to help unlock business funding for their small business clients.

In addition to our commitment to supporting SMEs, Prospa has also been recognised for its workplace practices, culture, and values, culminating in our certification as a Great Place to Work in Australia, a Great Place to Work in Technology, and, in 2025, a Great Place to Work for Women.

For more information about Prospa, visit prospa.com

Methodology

All figures, unless otherwise stated, are from YouGov. Total sample size was 500 adults. Fieldwork was undertaken between 30th July – 13th August 2026. The survey was carried out online. The figures have been weighted and are representative of all Australian business owners and primary decision makers of businesses with fewer than 50 employees (aged 18+).

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/prospa-research-two-in-three-aussie-smes-want-rewards-on-their-bills-yet-only-8-are-cashing-in-on-supplier-payments-302937153.html

SOURCE Prospa

Continue Reading

Technology

The Pan-Mass Challenge Exceeds 2026 Fundraising Goal with Record-Breaking $80 Million Gift Fueling Lifesaving Research at Dana-Farber Cancer Institute

Published

on

By

With its largest gift ever, the world’s most successful athletic fundraiser continues to shatter fundraising records at a time when cancer research needs support most

BOSTON, Nov. 15, 2026 /PRNewswire/ — The Pan-Mass Challenge (PMC), a bike-a-thon which has raised more money for charity than any other single athletic fundraising event in the world, today presented a record-breaking $80 million gift to Dana-Farber Cancer Institute, one of the nation’s top three cancer hospitals. Presented at a celebratory brunch at Rochambeau in Boston, this gift brings the PMC’s total contribution to Dana-Farber’s mission to more than $1.2 billion.

For the 20th consecutive year, 100 percent of every rider-raised dollar goes directly to Dana-Farber. Powered by thousands of riders and volunteers from across the world, every dollar raised helps fuel groundbreaking cancer research, lifesaving treatments, and patient care.

“$80 million isn’t just a number. It represents the next clinical trial, the next breakthrough, the next life saved, and the next patient who gets to ring the bell at the end of treatment,” said Billy Starr, PMC founder and chairman. “Now, more than ever, our riders, volunteers, donors, and corporate partners understood exactly what was at stake. They didn’t just meet the moment, they rode right past it. I’ve never been prouder of this community, and I’ve never been more confident that the cures we ride for are within reach.”

The record-breaking gift arrives at a pivotal moment in the nation. While federal research support and grant approval rates are shrinking, cancer rates continue to climb, with more than 20 million new cancer cases projected worldwide in 2026 alone. The PMC’s sustained giving is one of the most essential forces keeping transformative research at Dana-Farber moving forward.

“We are immensely grateful for the PMC’s longstanding support of Dana-Farber,” said Benjamin L. Ebert, MD, PhD, president and CEO of Dana-Farber Cancer Institute and PMC rider. “This unprecedented gift is an important milestone and will be used to shape the future of cancer care and research at Dana-Farber. I am honored to be one of thousands of committed PMC riders and volunteers who have played a role in making a big impact.”

The PMC is Dana-Farber’s single largest contributor, accounting for 67 percent of revenue for the Jimmy Fund, Dana-Farber’s community fundraising arm. But the most significant measure of the PMC’s funding is found in the discoveries that bring new hope to patients and families facing cancer. PMC support helped drive some of Dana-Farber’s most significant recent breakthroughs, including the discovery of menin inhibitors, the improvement of multi-cancer early detection, and the development of new types of cell therapies such as CAR-T cell therapy and tumor-infiltrating lymphocyte (TIL) therapy.

The unprecedented gift reflects a full year of riding and fundraising. In addition to the flagship PMC weekend, crucial funding was supported by the PMC’s further spokes in the wheel, including PMC Winter Cycle, an indoor spin event at Fenway Park; PMC Unpaved, a gravel bike ride; and PMC Kids Rides, mini bike-a-thons for children ages 2 to 15.

The PMC is co-presented by the Red Sox Foundation® and M&T Bank. To learn more, get involved, or donate, visit www.pmc.org.

About the Pan-Mass Challenge
The Pan-Mass Challenge (PMC) is a bike-a-thon that today raises more money for charity than any other single athletic fundraising event in the world. Founded in 1980 by Billy Starr – who remains the event’s founder & chairman, an annual cyclist, and a fundraiser – the PMC has raised $1.2 billion for Dana-Farber Cancer Institute through the Jimmy Fund. As Dana-Farber’s single largest contributor, the organization generates 67 percent of the Jimmy Fund’s annual revenue. 100 percent of every rider-raised dollar goes directly to fueling cancer research and treatment at Dana-Farber. In addition to its two-day bike-a-thon across Massachusetts, the PMC is powered by further “spokes in the wheel,” with initiatives including the PMC Winter Cycle, an indoor spin event, PMC Unpaved, a gravel bike ride, and PMC Kids Rides, mini bike-a-thons for children ages 2 to 15. The PMC attracts riders and volunteers from 44 states and eight countries and over 300,000 individual donors. Across events, the PMC has successfully melded support from committed cyclists, volunteers, corporate sponsors, and individual donors, all of whom are essential to the PMC’s goal and model: to attain maximum fundraising efficiency while increasing its annual gift. The PMC’s aspiration is to provide Dana-Farber’s doctors and researchers with the necessary resources to discover cures for all cancers. For more information, visit www.pmc.org.

About Dana-Farber Cancer Institute
Dana-Farber Cancer Institute is a global leader in cancer research and care, with a mission to reduce the burden of cancer through scientific discovery, clinical excellence, education, community engagement and advocacy. Dana-Farber is dedicated to a unique and equal balance of cancer research and care, offering more than 1,200 clinical trials and translating the results of discovery into new treatments for patients locally and around the world. U.S. News & World Report recognized Dana-Farber Brigham Cancer Center as the Best Hospital for Cancer in Massachusetts and number three in the nation, and Dana-Farber Boston Children’s Cancer and Blood Disorders Center as the Best Children’s Hospital for Cancer in the country, making Dana-Farber the only hospital in the country among the top three for both adult and pediatric cancer care. It is a federally designated Comprehensive Cancer Center and a principal teaching affiliate of Harvard Medical School.

About the Jimmy Fund
The Jimmy Fund is comprised of community-based fundraising events and other programs that, solely and directly, benefit Dana-Farber Cancer Institute’s lifesaving mission to provide compassionate patient care and groundbreaking cancer research for children and adults. Since 1948, the generosity of millions of people has helped the Jimmy Fund save countless lives and reduce the burden of cancer for patients and families worldwide.

The Jimmy Fund is proud of its longstanding partnerships with the Boston Red Sox and the Red Sox Foundation, the Boston Athletic Association, the Massachusetts Chiefs of Police Association, the Pan-Mass Challenge, and Variety Children’s Charity of New England, which was instrumental in the Jimmy Fund’s founding. Follow the Jimmy Fund on Facebook, Instagram, LinkedIn, TikTok, and X: @TheJimmyFund

Contacts

Jenna Lehan, on behalf of the PMC
Jenna@hollywoodagency.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-pan-mass-challenge-exceeds-2026-fundraising-goal-with-record-breaking-80-million-gift-fueling-lifesaving-research-at-dana-farber-cancer-institute-302939737.html

SOURCE Pan-Mass Challenge

Continue Reading

Trending